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Walgreens Acquires Remainder of Alliance Boots

Pharmacy chain exercises option ahead of schedule.

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By: Christine Esposito

Editor-in-Chief

Walgreens has exercised its option to complete the second step of its strategic transaction with Alliance Boots GmbH ahead of the original option period, which was between February and August 2015. The transaction, subject to shareholder and various regulatory approvals, would fully combine the two companies to form the first global pharmacy-led, health and wellbeing enterprise.   According to Walgreens, the action follows the long-term strategic partnership formed in June 2012, when Walgreens a...

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